Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/45637
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dc.contributor.authorStiefenhofer, Pascalen_US
dc.date.accessioned2011-05-24T09:55:00Z-
dc.date.available2011-05-24T09:55:00Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/45637-
dc.description.abstractThe paper generalizes the natural projection approach introduced by Balasko (1988) for the study of the qualitative equilibrium structure of exchange economies to a two period private ownership production model with uncertainty. It shows that long run equilibrium properties of the production model are those of the pure exchange economy with production adjusted demand functions. Associated with every long run equilibrium there exist a finite, odd number of short run equilibria.en_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aEconomics Discussion Papers |x2011-10en_US
dc.subject.jelD62en_US
dc.subject.jelD52en_US
dc.subject.jelD53en_US
dc.subject.ddc330en_US
dc.subject.keywordexistence of equilibriumen_US
dc.subject.keyworduncertaintyen_US
dc.subject.keywordproductionen_US
dc.subject.stwGleichgewichten_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwTheorieen_US
dc.titleThe natural projection approach to production and uncertaintyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn657916404en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen_US
dc.identifier.repecRePEc:zbw:ifwedp:201110-

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